Cyndeo Wealth Partners LLC Decreases Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Cyndeo Wealth Partners LLC lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 5,379 shares of the exchange traded fund’s stock after selling 600 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in iShares TIPS Bond ETF were worth $573,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. FMR LLC boosted its stake in shares of iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares during the period. Sumitomo Life Insurance Co. acquired a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth about $102,200,000. International Assets Investment Management LLC grew its position in iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of iShares TIPS Bond ETF by 25,645.3% during the 4th quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock valued at $29,187,000 after purchasing an additional 272,866 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the 2nd quarter valued at about $24,990,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $107.43 on Friday. The company has a 50-day moving average of $107.38 and a two-hundred day moving average of $108.30. The stock has a market cap of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06.

iShares TIPS Bond ETF Profile

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).